About your Search

20121128
20121128
STATION
MSNBCW 10
FBC 8
CNNW 6
KPIX (CBS) 6
COM 4
CSPAN 4
KRON (MyNetworkTV) 4
KTVU (FOX) 4
CNBC 3
CSPAN2 2
KGO (ABC) 2
KNTV (NBC) 2
KQED (PBS) 2
SFGTV2 2
( more )
LANGUAGE
English 80
Search Results 0 to 49 of about 80 (some duplicates have been removed)
't want entitlement cut. that sunk the deal because president obama couldn't get his side to come along with it. is increditable from a p.r. standpoint that republicans get attention for being divided. it's actually the democrats more divided. they don't get as much attention. why is that? >> eric: they want to take shots. on the right, republicans and the right, there is another divide. you have a divide on the right that says fiscal conservatives saying don't raise taxes or close loopholes or do anything to increase re-knew. the establishment republicans say we need to work it. >> bob: deductions will be on the table. what is the difference between raising rates -- if you take desuction out, they have fewer in the pocket. wealthy people have fewer dollars in the pocket. raise the rates, less money. >> andrea: economy is more sensitive to playing with the marginal rates than deductio deductions. >> eric: if you let the bush tax cuts for over $250,000 expire, $80 billion. deficit of $1 trillion a year. you are only 18% of the way. you are still missing 82% of the pie here. that is the n
of the payroll tax cut that president obama pushed through, which by law congress also had to restore to the trust fund. all points republicans emphasize in the current talks. >> why in the world would they want to talk about the fact that vital program started spending out more than it took in, in 2010, for the first time in 30 years? >> shortal in social security eventually reaches hundreds of billions a year. but some changes now would help reducing the benefits for the wealthy or changing the retirement age or the cost of living adjustments. whatever it's done, analysts say the sooner the fix, the better. >> social security is very close to the leaky roof. the longer you avoid fixing it, nastier and more expensive the fix become. it's not going to get any easier for now. >> without changes, lower benefits are built in to the system. in the early 2030, social security will no longer pay full benefit and by law has to cut them overnight by 25%. that would obviously hit the poor harder than anyone. bret? >> bret: jim, thank you. well, do you think social security needs immediate refo
cutting medicare and medicaid benefits. president obama is seeking $1.6 trillion in additional revenue over ten years and $340 billion in health care savings. the time says the deal would not affect benefits. that's the keyword, benefits. the president and some democrats in the congress are willing to squeeze savings from medicare by trimming payments to drug companies, hospitals and other health care providers. they are ruling out structural changes that would increase costs for a typical beneficiary. this is what it's all about. the money. who is going to get it? senator dick durbin. a little more specific today. he said progressives, that would be you and me, should be willing to talk about ways to ensure the long-term viability of medicare and medicaid but those conversations should not be part of a plan to avert the fiscal cliff. democrats are prepared to discuss reforms to medicare and medicaid, but not right now. fox news tried to get budget committee chair member congressman chris van hollen to agree to the changes. van hollen stood firm. >> if you prolong the program, people a
republicans in a box. president obama is hitting the road to push the extension of tax cuts for income, for folks under $250,000 a year. the president will kick off his tour in southeastern pennsylvania on friday. today he met with small business owners at the white house and tomorrow he plans to meet with a group of middle-class families. republicans will be countering with their own events. house majority whip is holding a meeting with small business owners next week. the small business owners in the meeting with the president today were on top of the game, top of the issues understood the solution to the deficit plan. >> what grows jobs in america are consumers spending money. and the average person needs that $2,000 in his pocket to drive the economy. saying that tax breaks for the rich drive consumers lower down to spend is like saying you could start your car by pouring gasoline on the hood. there's no proof, there's no factual data to support it. it's completely a sham to say that. >> and he's a business owner. we need more members of congress to sound like that. if the presiden
are scheduled to go up. unless we fix that, president obama becomes a defender of the bush tax cuts for 98 percent of the people and that is something we accomplished and we ought to take pride in it. i am not for raising rates on anyone. period. >>neil: we know the end result is you mentioned the president, sir, and he seesed on your remarks. this is president obama. >> glad to see if you have been reading the pains that more and more republicans this congress seem to be agreeing with this idea we should have a balanced approach. if both parties agree we should not raise taxes on middle-class families, begin our work with where we agree. >>neil: you have the president agreeing with you and the speaker not. where do you see this resulting in --. >> i'm against tax increases on anyone. period. end of debate. it doesn't take a positive action by congress to raise taxes, they go up unless we do something to stop it. if i can stop them for 98 percent of the people and continue to fight on the others, i will. if you think we will gain ground by holding the american people hostage -- i disagree.
the showdown over raising our debt ceiling when republicans wanted spending cuts and obama wanted to raise taxes. which led to a budget crisis that congress solved by not solving it. (laughter) instead, they handed it over to something called "the supercongress" which couldn't fail because it was super. (laughter) unfortunately it was also congress so it failed. (laughter) and as a result -- (applause) as a result -- (applause) as a result, folks, we are facing another thing called sequestration which at first sounds like rationing the amount you can watch "sea quest." (laughter) but it's even worse than that. (laughter) sequestration is automatic spending cuts that both sides agree would trigger a new recession. it's like congress put a gun to the economy's head and swore it will pull the triger if congress doesn't put its own gun down. (laughter) it's kind of like a mexican standoff without any mexicans. (laughter) of course, obama's answer to this budget crisis is to raise taxes on the wealthy just because he ran on that promise. and won the election. (laughter) it's like he's totally d
and all is coming at a time when the obama administration has cut the defense budget, projecting over the ten-year period by some $487 billion and if the obama sequestration were to become a reality that would be a trillion dollars over this period of time coming out of our defense budget, even -- even the secretary of defense, the obama secretary of defense said it would be devastating. he used the word devastating. if that were not enough the obama administration continues to force the military to spend greater proportions of its already depleted funds on a gene energy agenda to include the purchase of biofuels for operational use in construction of commercial biofuel refineries. now, you know, i fully support development and use of alternative fuels including klug biofuels but not at the expense of the military. the focus should be on the readiness of the navy, not on propping up the biofuels industry. i have to remind everyone, we've a bureaucracy called the department of energy. they're the ones supposed to be doing all this experimentation we talk about. the navy according to th
obama wins, they will sign a grand bargain where they will cut social security, medicare, cult programs for the poor, cut programs for the middle class and yes, they will give some tax cuts definitely to corporations, and perhaps even to the rich. >> perhaps even to the rich. it looks like we're headed towards that almost worst case scenario. let me set it up for you. let me go to the penalty's own words on this. he said just a couple of months ago: >> that's a conservative democratic. how many times does he have to tell you he's a conservative. he said: >> meaning, i will cut medicare and medicaid. how clearly do i have to say it? ok, all right fine. how about during actual negotiation that they had back in 2011. >> according to people with knowledge of the proposal. i have good news on social security in a second. he's already proposed all that. he's already said i'll give you medicare and medicaid and offered up social security. on that, good news in a second. how about taxes? when i tell people that obama wants to lower corporate taxes they don't believe me. listen to obama and see
, mr. obama warned that if the bush tax cuts are allowed to expire january 1, every taxpayer would pay more next year. the president said that would cost a typical middle class family of four an extra $2200. >> that means less money for buying groceries, less money for filling prescriptions, less money for buying diapers. >> this morning republican house speaker john boehner said his colleagues are willing to discuss new tax revenues but only if democrats agree to new spending cuts. >>> a bay area national guard crew just headed out on a rescue mission. >> steve paulson is back with more on when today's rain will end. he says there are bigger storms ahead. >> it was really close to their backs. if that was higher, i think it would -- >> you will hear more from a terrified south bay resident after bullets were fired into her room with small children inside. on your prepaid card? introducing chase liquid. the reloadable card with no fee reloads and withdrawals at chase atms. all for one flat monthly fee so there's zero confusion. get rid of prepaid problems. get chase liquid. [ male anno
vigorously against barack obama. so when lloyd blankfein and wall street say cut our taxes will, the president give them the back of the hand or welcome them in? >> i would not underestimate the influence that these guys have in washington. some have been part of obama's inner circle. jeffrey has sat on the head of the jobs council. the ceo of boeing is the chairman of the export council. so they do have a lot of influence. they contribute a lot to political campaigns and they have lobbyists crawling all over washington to speak for them. >> eliot: bill, you've seen it. why do they hold such sway? the scoundrels of the economic cataclysm. why do they still walk back in there and people lay down the red carpet? >> eliot it's money. it is not that much either. if you look at the top -- eight of the top ten supporters of obama in 2008 were wall street firms, this time around, eight of the top ten biggest supporters for romney were wall street firms. it is not that much money. it is like a million and a half buck
the briefing now. he'll face questions on whether president obama this is spending cuts should be part of that deal. he has previously said it was on the table. now he is saying this is all about tax hikes on the rich period. w-pd to thwhat happened to the spending cuts? we will have a live update from the white house a little later in the show. we will be monitoring this. another story developing in washington right now in a new round of senate meetings for u.n. susan rice. she is going back after yesterday, it didn't go so well, she is going back. she will answer questions about the white house response to the consulate attack in benge, libya on 9/11 of this year. many political observers think she is trying to win supporters for a possible nomination of secretary of state. she would have to be confirmed in the senate. senator bob corker earlier said miss rice's statements may prove she is too political. the meeting between susan collins, she expressed concerns too. she is not known as a republican fire brand but she expressed concerns. these meetings come a day after three top repub
getting a deal before the new year brings automatic tax hikes and spending cuts. president obama offered his optimism at an event with middle-class americans who'd be hit by any tax increase. >> i'm glad to see-- if you've been reading the papers lately-- - that more and more republicans in congress seem to be agreeing with this idea that we should have a balanced approach. so if both parties agree we should not raise taxes on middle class families, let's begin our work with where we agree. >> brown: one such lawmaker is republican house member tom cole of oklahoma. the journal "politico" reported he's urging colleagues to extend middle class tax cuts but allow tax rates for top earners to rise for now. that's what the president wants, but republican leaders have called for raising revenues by closing loopholes and capping deductions. and this morning, house speaker john boehner said he'd reinforced that position to congressman cole. >> you're not going to grow the economy if you raise tax rates on the top two rates. it'll hurt small businesses, it'll hurt our economy, it's why it's not
. when we look at for example the payroll tax cut and the obama care tax, if you put those two things together, that's over 1% of the gdp. if you throw in then the top 1% or 2% earners, that's going to put is at 1.5% or 2% of the gdp which is not a sustainable amount of tax hikes given the fact that we're in a sluggish growth period. i think that warren buffett certainly understands that. you know what mr. buffet chld tchldt, if you want to add in more refr new, go ahead. why not make this something of choice. if you feel like you can help, go ahead. put some extra money in. >> that's completely -- look, nobody has any guns to anybody's head. we have a common problem. it's called a budget deficit, particularly in out years. we have some common responsibilities and when you do consider that the wealthy in this country are taking home between 20% and 25% of total income, total wealth of this country, we haven't seen this degree of concentrated income and wealth in 80 years. if i may just finish my thought for just a second. >> i'm afraid i have to jump in. >> the effective tax rate is l
] >> appreciate it. >> that was president obama at the white house speaking about the bush-era tax cuts. he reiterated he has a pen and ready to sign a bill to extend the bill for middle class. joining us is sasha isenberg. there we have a picture of you. before i go to you, i want to bring this into our panel in new york for one quick second. governor rendell we were speaking during the break -- not during the break, over the president and saying to each other, this is -- >> we were listening. >> we're multitaskers. this playbook is dog erred. we have seen this tactic before and it was the same strategy the president used during the payroll tax cut down to the use of, you know, facebook pleas, the twitter hash tag i have a pen. >> the only thing that's new is a #my2k. >> it worked last time. >> it's what executives and politics who have the bully pulpit who can garner media attention can do and it's a very effective device. people are going to -- the congressmen are going to hear from a lot of their constituents saying why are you holding this up? this makes sense. everybody agrees. of cou
cuts for two years and fundamental tax reform. there is pressure on obama to do corporate tax reform and he is willing to take corporate rates down but his plan is to increase the rates for the small businesses pay and in addition, as we are having this conversation, there are five tax increases that aren't being discussed. five obamacare tax increases that start january 1. it is on our web site, atr.org hundreds of billions of dollars start kicking in on january 1 thanks to obamacare. i think the correlation of forces between the two sides is different than obama sees. he said i won re-election and i get to do everything i want to do. he ran his car into the bridge five months and took his approval rating down below 50 and gave himself a republican house in 2010 because he ran and spent that money because he thought the american people signed off on it. and he ran out and overplayed his mandate. he is about to do the same thing again, not only with spending, but with taxes. and taxes are a stickier wicket than spending. the reaction by the small business community to his tax increas
? in 201047 democratic senators voted with president obama in order to extend the bush cuts. >> sean: the republicans, the ones signaling they're giving in, and the democrats, lock solid, they're not moving, as of now. i'm trying to reinforce -- >> i would just leave the republicans and focus on the democrats. what are they going to do? what is their plan. >> sean: you guys beat up on me. >> because we know we cannot afford this. we know that if you raise taxes on the rich, everybody making more than $250,000, you bring in $82 billion. we know that. that funds the government for what? 8 1/2 days. it provides 10 weeks worth of -- >> sean: i don't buy, the real fiscal cliff is down the road when we cannot pay our bills and go broke. >> it's the president, the democrats, leading america to bankruptcy. ibankruptcy. >> sean: agreed. >> the president and democrats are making america into a greek-style europe. concentrate on that for heaven's sake. isn't that a strong position? why do you want to beat on the republicans? >> sean: i thought you were going to go bob beckle on me for a second.
of dollars of spending cuts and tax increases that are going to happen when the ball drops on new year's eve unless president obama and congress come to some sort of compromise. >> stephen: all right so, we're all doomed. >> it's like the movie thaw you have to either cut off your arm or die. so they will come-- they will cut off their arm. >> stephen: do you know, do you know what kind of ratings the news could get if they could get politicians to cut off their arms on camera? okay. -- (cheers and applause) >> stephen: as i said senior white house correspondent for abc news. the only news anybody watches any more. >> i think that's true. >> stephen: and you have got eye new book here called the outpost, an untold story of american valor. this is about the war in afghanistan. >> it's about one combat outpost in afghanistan, 14 miles from the pakistan border, built at the bottom of three very steep mountains, built in 2006. and overrun in 2009 by the taliban. >> stephen: let's put a picture of this space right here. >> that's it. >> stephen: the space is at the bottom not up here where this g
president obama and the republican leaders trying to reach a deal to avoid the crisis. the number two man, durbin of illinois tad saying nothing should be left off the table in search of budget cuts, and new sources of revenue, the assistant majority leader allowing the changes in the president's signature legislative achievement should be on the table. that's right, obamacare. >> put everything on the table. repeat, put everything on the tail, not just taxes and revenue, but spending cuts and entitlement reform. the only perfect law i know was carried down a mountain by senator moses. lou: what should be positive words for republicans tempered by the fact that senator durbin has no standing as the president's representative in the negotiation, and harry reid is telling a far different stories. john boehner and his caucus, the target, again, of senator reid's blame game. the senate majority leader insistent that republicans are the only onee in the way of the deal. reid asked point blank what the first thing would be, and he offered this curious answer. >> well, remember, we've already do
is meeting with president obama at the white house today, part of a ceo roundtable to help the president avoid the so-called fiscal cliff. if there is no deal we will all see tax hikes and government will cut spending beginning january. president obama has also called apple's ceo cook to get his input. >>> 5:17. first of a series of storms is arriving in the bay area now. >> not that we want to panic when the national weather service calls it a river of rain -- >> many terms, atmospheric river, pineapple express, we don't like those terms. it puts everybody in a panic we will get through this. live look right now from our sutro camera, wind warning along the coast. you can see heaviest cells offshore from the north coast, mendocino, sonoma, marin light rain around the bay continuing to develop. closer look from sea ranch, fort ross, highway 1, bodega bay, wet around windsor over the richmond san rafael bridge, lighter returns the blue here pinole wet weather into the east bay 680 looking at wet weather as well as milpitas and down around the south a from pescadero. wind advisory is going
and federal budget cuts that will be imposed unless president obama and congress can make a deal on budget reform. not even everyone in the president's own party is with him on this and nancy cordes is on capitol hill for us tonight. nancy? >> reporter: scott, a rift has opened up between the white house and liberal democrats over what should be on the table in these talks. some democrats even say they're willing to let all the bush tax cuts expire, at least temporarily, even if they don't get the deal they want. senator patti murray of washington state is one of them. she says negotiations should focus far more on raising tax revenue than cutting spending. republicans are calling democrats like you "thelma and louise" democrats because you've expressed a willingness to go off the fiscal cliff. >> i'm willing to take a very tough stand and say to those on the other side that we are not going to accept an unfair deal that hurts middle-class america today and protect the wealthiest americans. period. >> reporter: in the house, at least 42 liberal democrats have signed on to a bill requiring
john boehner. they are protesting cuts in healthcare they say but shows how any kind of spend wiing cut are nearly impossible these days and they are warming for the president's call to raise tax revenue. many democrats are emboldened since the election refusing to talk about any specific cuts to federal spending. >>> president obama and democrats ran on a promise of bush tax rates. president obama didn't hide that last year of the campaign every place he went that's what he talked about. americans when they voted raised their voices and supported our pledge congress acted in accordance with the will of the people. >>> there's a debate of how to raise taxes. if government spending isn't paired back in some way republicans may not fine off on a deal. >> oo we already know the president is a good campaigner. we congratulate him on his reelection. what we don't know is whether he has the leadership qualities to lead his party to a bipartisan agreement on big issues like we currently face. >>> big issues include things like medicare and medicaid. will those be part of a final we will see. t
take president obama's party. doo extend bush tax cuts for all but the top 2%. that's a sign some republicans may be open to higher rates for the rich. >>> is it possible negotiators could learn something from the most important movie out there right now "lincoln." doris good win joins us. >>> let me finish with how lincoln outlawed slavery for good and how de it using politics. this is "hardball," the place for politics. with the spark cash card from capital one, olaf gets great rewards for his small business! pizza! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve great rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with
: if the president wants mr. obama expected to speak in moments on the tax cuts he wants to keep and he wants to raise maybe. nokia's newest smart phone. walt mossberg on the good, the bad, and man, this thing is heavy. calls are skyrocketing for holiday travelers, use that as an excuse to not visit to develop his who you can take or leave. connell: let's go back to nicole. what do you have? nicole: taking a close look, heavily traded on washington. a name when i bought my breakfast this morning it was a hot topic. now down $0.13 at 31.22. bp has suspended new contracts with the u.s. government according to the environmental protection agency. this is not good news for bp. everybody is familiar with back in 2010 we had the big oil spill, 11 workers that died. now the question is integrity, they pleaded guilty to charges, the agency of the environmental protection agency talking about the lack of business integrity they have seen and demonstrated. this is somewhat of an ethics issue out on th only the disastt what followed after that. how much oil spilled, this is why they are now being suspen
president obama is trying to do is reverse the tax cuts for the wealthy and have their income taxes go up significantly, but freeze it for the middle class. he does not want to restore everyone to the former tax rates, andy idea is the began and the idea is that the top earners incomes have continued reject the idea is that the top earners and comes -- the idea is the top earners incomes have continued to rise. if you freeze taxes on lower income, and increase taxes on the upper income, you shrink the gap, and that is the purpose of his policy proposal. host: how many households actually make more than $250000? guest: about 3 million households. 3 million people are about the talk to% of vernon's. the top 1% makes more than $600,000 a year. host: do policymakers agree on what defines the middle class and where it begins, income- wise? he called it is unjust in question because we know what median income -- guest: is an interesting question because we know what needy in income is tied average income is -- median income is. we call the middle class everyone making under two hundred $50,000
right. well, elsewhere today president obama will hold meetings with leaders of large corporations to talk about averting the tax hikes and budget cuts from the so-called fiscal cliff. the president met with small business owners yesterday to talk about the effect on their companies from taxes and other changes. and right now congress is stalled over finding a solution as democrats demand higher taxes for high wage earners while republicans want cuts to entitlement programs. >>> elsewhere on the hill, u.n. ambassador susan rice spent her day behind closed doors explaining statements she made back in september about those deadly attacks on the u.s. consulate in libya. her defense failed to convince her republican critics. nbc's tracie potts is on capitol hill with more on this. tracie, good morning to you. >> lynn, good morning. rice admitted that when she said the ambassador and three others who were killed were the result of spontaneous attacks, the information was partially wrong. as she has done before, in a statement after her meeting, she blamed it on bad intelligence informat
when obama came in and raise taxes with democrats. >> republican's line. isn't this a bit -- you were having republicans takes a very difficult pledge to cut taxes, give away money. isn't that like a court of axing they like passes? >> it's a pledge not to cut taxes but it's a pledge not to increase taxes. people say why don't you toughen? you don't want to change it because it's a simple guardrail. doesn't solve all the world's problems but doesn't design tax reform. it just is no net tax increases. >> in your mind when someone signs it, how long are they committed? >> it's not in my mind. it's in writing when the person signs it is their fourth lingerie your congressman or senator or a step legislator. >> so you are signing this for my? >> no. and much attended a congressman for all of your life. for as long as you -- [talking over each other] spent a summer was to tell you are pro-life or pro-choice, would you say is this for 18 months or for a cure and a half? how long are you going to be pro-choice? for as long as you're a congressman. you're telling someone who you are. i'm the
obama travels to a tinker toy factory outside of philadelphia on friday. to link tax cuts to consumer spending. tinker toys. hmm. some americans might see that as more than a white house backdrop. one other quick note, tom cole, a leading republican in the house in oklahoma told politico yesterday that the republicans should give in to the white house demands and quickly pass those middle class tax cuts. but house republican leadership sources tell me that cole was speaking only for himself, completely freelancing, but he is speaking for more republicans in the house, this could be a breakthrough. guys? >> with us is democratic senator amy klobuchar. great to see you. >> great to be on, thank you. >> what do you think, is this posturing on the physical cliff? is there real work going on? >> i wouldn't be surprised this is going on. people are going to stake out positions. i think the most significant thing is you're starting to see a number of major republicans just mentioned. also saxby chambliss, lindsey graham, others saying i will be willing to look at revenues in addition to spen
. >> dana: all right. >> eric: obama have to advertise he promised to -- [ laughter ] -- cut the deficit in half? >> dana: where will it end? >> kimberly: we want an apology. >> dana: super pac ad with apology. >> kimberly: deliberately dezeed the american people. >> bob: that is not true. >> dana: we'll ponder that. coming up, 5 a 50 million reasons you might not want to win tonight's powerball jackpot. brian has all of those next on "the five." ♪ ♪ >>> i'm bret baier in washington. the big story here today is a new develop in the president obama's evident to get off the fiscal cliff. tonight on "special report," the president may be trying to divide budget negotiations in two pieces, insisting on tax increases for high earners this year with a promise to cut spending next year. some critics call it wimpy from popaye strategy, gladly paying you tuesday for a hamburger today. house speaker john boehner insists the republicans are willing to work with the mt. offering the tax revenues if significant spending cuts are part of the deal. is social security on table? should it be? we hear
have gone that route in the uk and they got a recession. we can go your path but they cut taxes there too. they got the recession. >> because they raised taxes. >> i got to get out of here. >> thank you. >> now, here is the question. has president obama put this s fiscal cliff plan on the table. one member of the senate says it is time for president obama to tell america what this man is. that senator is pat toomey of pennsylvania. he is going to join us here in 25 minutes. next up is the republican party about to lose it's soul and principles over the fiscal cliff debate. why is nobody talking ip t inin media about spending cuts. let's talk to brent great to see you on the show. thank you for coming. let me start with this thought. over this fiscal cliff debate. nobody is cutting spending. everybody is talking about taxes. is the gop losing it's soul and principles? >> no one is being serious in it's debate. the fellow from adi is making sound statements. but he is whistling past the graveyard. there is no problem that the obama budget calls for spending giving us a deficit o
by the day tax increases and deep spending cuts take effect in five weeks. if lawmakers cannot reach a deal. with little progress being made in washington president obama is hitting the road. at paine has the story. >> the mood was optimistic earlier this month when president obama met with congressional leaders to work out an agreement to avoid this cliff. now the president is taking his case mr. obama met with small-business owners tuesday. today he hosted an event with middle-class americans and sits down with some of the nation's top ceos. friday he travels to a manufacturing plant in pennsylvania senate minority leader mitch mcconnell question the president. >> president saddam the law makers and working out with the agreement is back on the cam best-president obama >> the president got input outside the beltway. he wants to continue the conversation when business leaders, small business leaders, civic leaders, and labor leaders because everyone has a stake in this. >> lawmakers have just over a month to reach an agreement to keep the country from going over the so-called fiscal cliff.
the season. find out which companies ended up on the naughty and nice list. today president obama will be holding a series of meetings with leaders of large corporations to talk about averting the tax hikes and budget cuts from the so-called fiscal cliff. the president met with small business owners on tuesday to talk about the effect on their companies from taxes and other charges. right now congress is stalled over finding a solution as democrats demand higher taxes for high wage earners while republicans want cuts to entitlement programs. and last night on hardball, former republican senator alan simpson gave his thoughts on the fiscal cliff and failure of lawmakers to reach an agreement. p. >> they love their party more than they love their country. how it we get to that point, don't ask me, but the whole business of reform and money in the campaign and beat up the guy, and it's not a case of who wins. it's you want to be sure somebody loses. and i say to people whether it's grover norquist or whatever, lord's sake, if you can't step up to the plate, what can happen to you? th
's votes. oklahoma congressman tom cole said it's time to immediately extend the bush-era tax cuts which, of course, is what obama is calling for, for households earning less than $250,000 a year. then he later told "the new york times," quote, the first thing i'd do is make sure we don't raise taxes on 98% of the american people. we'll get some credit for that, and it's the right thing to do. i don't believe in holding the american people hostage to this debate. sounds like the president, doesn't it? he told politico it's not that he believes in raising tax rates on the top 2% but he thinks republicans should have that fight separately. where there is common ground with the president, he adds, we should seize that common ground. cole is hardly a liberal and has served as chairman of the national republican congressional committee. while he's from oklahoma, he's always been a pragmatic guy. and, by the way, he's a former pollster. he knows how to read poll numbers. while the tax fight has played out very well publicly, what hasn't been as public is the equally tough task the white house
cuts the gop calling out president obama for campaigning while republicans campaign. we will look at the campaign 3.0 with "victory lab" technician and author sasha isenberg. some democrats say it's okay to take a dive. we'll ask senator patty murray why she agrees with that when she joins us and republicans want answers from ambassador susan rice. what are they really asking? we will discuss that when "now" starts in a mere 180 seconds. t - more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. now is a good time to think about your options. are you looking for a plan that really meets your needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is
missed you on the airways, reince priebus. welcome back. take care. >>> president obama is launching a full court press of bush era tax cuts are allowed to expire, it will cripple the economy. mr. kruger, welcome to you. >> thank you. >> is the president going to hold his nerve and increase taxes or is he going to be bullied off by the republicans to try and do a deal to avoid falling off the fiscal cliff? >> the president has been quite clear that he wants a balanced approach to our deficit problems, that he wants higher revenue raised from increasing taxes for the top 2%, the most fortunate americans, and spending cuts so that we are on a fiscally sustainable path. >> but what happens if the republicans get to december 30th and say no deal? we are not going to sign up to anything that involves genuinely increasing taxation even for the 2%? what is plan b? >> well, first of all, i don't think that's in the country's best interest, and i think we've heard from republicans that they are finally talking about raising revenue from upper income families, so these are solvable problems an
cutting edge prevention techniques. and i'm very proud to work for the obama administration, for secretary, as grant said, that has not only focused on treatment and research, but prevention in so many things. and, so, my story is not unique. but on behalf of the obama administration, on behalf of secretary kathleen sebelius, i'm here to say thank you for the work of san francisco and the local, at the state, and at the national/international level has done for more than 30 years that have saved lives, that have built commutes, that have allowed families to come together and grow. because this is not 1981. it's almost 2013. and this place is revolutionery and this 9-1/2 million will continue to make it the pinnacle of world research and prevention on hiv. so, thank you very, very much for having me here. (applause) >> i just looked over my shoulder and here is dr. george rutherford, director of the aids office when i came here many years ago. we have many generations of individuals who work and contribute to the work we all do here. next i'd like to introduce dan bernal who is the district
that the u.n. ambassador can be confirmed as secretary of state should president obama nominate her. >> and with the clock ticking on the deadline to avoid automatic spending cuts and tax increases, democrats and republicans are now turning to campaign style tactics to win the pr battle with the american public because the american public hasn't had enough of campaign style pr tactics. today president obama is scheduled to sit down with more than a dozen ceos, including several who are actually supporters of mitt romney. and then it's back to the campaign trail for the president on friday as barack obama attempts to sell his budget plan while speaking at a toy factory outside of philadelphia. yesterday chuck todd asked jay carney if the president was running out the clock ahead of the last minute deal. >> isn't everybody just killing time until the deadline comes? can seems like everybody is just -- >> they're not killing time to me, chuck. >> until the final week and the jet fumes, people get out of school and the holidays come and then everybody will actually hammer it out? >> loo
up. dagen: the market is up, that is good. good afternoon read >> pushing for middle-class tax cuts without any spending concessio concessions, president obama to meet with business leaders on the fiscal cliff after speaking just last hour. we'll ask lou dobbs that he thinks ceos will help to make deals happen. >> now washington is looking at the one sacred mortgage deduction, maybe get rid of it to help heal the budget crisis. >> charlie gasparino on the future of the firm. time for stocks as we do every 15 minutes, before the new york stock exchange, nicole petallides on the floor. a deal is possible by christmas. >> hoping to get some positive comments from john boehner. he is optimistic. a nice little boost. from negative to positive to the session highs, no 50 points away from dow 13,000 once again. the dow once again up 73 points. you have a lot of winners. the banking index is still under some pressure, but retailers are really stealing the show. many are doing well for a variety of reasons. take a look at costco. the money they're paying out to shareholders ahead of the fisc
the white house says the average middle class family of four would face if the bush tax cuts expire. white house correspondent dan lothian joins me now. of course, this isn't the first time the obama team has used twitter to get people involved. >> reporter: that's right. we saw them do that with the payroll tax cut, when they asked folks to push this hash tag $40 the amount that each person would see taken out of their pay checks. the reason they use social media is because they think it is very effective in spreading their message. not only getting out to their supporters, people who see their line, but also those people in turn will push the message across the social media. again, they believe it's effective. that's why they're pushing it this time again. but not just that alone. you saw the president yesterday meeting here at the white house with small business owners. today he's meeting behind closed doors with top ceos. on friday he takes his message on the road to a manufacturing plant in pennsylvania. this is all part of the effort of this administration to put pressure on republic
cuts, looming at year's end. today, that and president obama will meet with a group of middle-class americans, hoping to convince congress to protect tax cuts for families earning less than $250,000 per year. >>> it will be another tough day of questioning for susan rice, the likely nominee to replace hillary clinton as secretary of state. rice, facing critics for a second-straight day. they say she misled the public after the attacks in libya. rice said she was using the cia information available to her at that time. but after talks yesterday, republican senators, including john mccain, say they are even more troubled, now, about rice's responses. >>> and after the repeal of the don't ask/don't tell ban on gays in the military, four women are challenging the ban on women in combat. their lawsuit claims the 1994 rule keeping them out of ground combat also unfairly blocks them from promotion. it comes as officers are on aer is survey, asking if women would be a distraction in combat operations. >>> and police in new york, say a bus driver apparently lost control before slamming
. appreciate your time. >> sure. thank you. gerri: as a reminder, the revenue from the bush tax cuts would generate just $82.4 billion a year, enough to run the government for five days. as president obama pushes for tax hikes on wealthier americans, he might look to britain to see the effect it has. it's not revenues. it's surprisingly less. after the labour party, that is, there, pushed for the top tax rate to 50%, 5-0, the richest left. two-thirds left to avoid paying the new tax. it also stopped people coming to and investing in britain. there's a lesson for you. turns out the proof is in the pudding realizing the errors of the way, the government is cutting the top rate to 45%. more to come like should washington sub di size wind energy? more on the fiscal cliff as americans on all levels have to prepare to take the tax hit. i hope it doesn't, but i'm going to break it down next. ♪ [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start.
clout with congress. the goal: a sweeping deficit agreement to avert $650 billion in spending cuts and tax increases at the start of 2013. from the white house came word that president obama will try to build public pressure on congress to raise taxes on the wealthy and prevent tax hikes for everyone else. white house spokesman jay carney. >> well, the president believes very strongly that the american people matter in this debate. because this debate is about them. the question of whether or not taxes go up on 98% of american tax payers is a very important to ordinary americans. it is not just a matter for discussion between the president and the senate minority leader. or other congressional leaders. >> brown: to that end the president met privately today with small business owners. on friday he'll travel to the philadelphia area to speak further on the issue. not to be outdone, house republicans said they'll meet with small business owners and workers in their districts arguing against the president's plan. in the senate republican my ontario leader mitch mcconnell dismissed the
Search Results 0 to 49 of about 80 (some duplicates have been removed)

Terms of Use (10 Mar 2001)